President Trump advocates for repeal of $52.7 billion CHIPS Act to address national debt

Briefing
Policy & Regulation

The Trump administration is preparing to lay off up to 500 employees at NIST, affecting teams responsible for implementing semiconductor policy and AI research

In his first address to Congress in his second term, President Trump urged lawmakers to eliminate the CHIPS Act, stating that semiconductor companies are already investing in US manufacturing without government incentives.

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